That's what the NYT says. The NYT tells us that the Bush administration is warming to the idea of a housing bailout but "big differences remain between Mr. Frank’s proposal and the administration’s plan, reflecting a wider philosophical divide over how best to address problems in the housing market." It's of course possible that the issue between Mr. Frank [Representative Barney Frank, the chair of the House Financial Services Committee] and President Bush is their philosophy of the government's role in the housing market, but it is also possible that the differences are attributable to the fact that they answer to different interest groups. Both Mr. Frank and President are known primarily as politicians. Neither is known widely for their contributions to political philosophy. Why can't the NYT leave such speculation to readers and just tell readers what happened.
--Dean Baker